Gold prices dip as hawkish Fed minutes weigh ahead of Jackson Hole
Investing.com - McGrath reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
McGrath announced earnings per share of $1.25 on revenue of $200.50. Analysts polled by Investing.com EPS of $1.28 on revenue of $185.14M.
McGrath 's are down 18% and is trading at $86.50 , still down 5.33% from its 52 week high of $91.37 set on Thursday, April 21, 2022.
McGrath follows other major Industrials sector earnings this month
McGrath's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar